Stocks that Float: TANKERS & DRY BULK SHIPPERS

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DOCKF.PK $3.95 New contracts for Dockwise

Bermuda, July 11, 2008 - Dockwise Ltd. announces that seven new contracts have been awarded to their subsidiary Dockwise Shipping in the past few weeks for the transportation of drilling rigs, barges and dredging equipment.

Dockwise Shipping will transport the drilling rig Transocean Nordic, as well as three loads of barges, a yacht hotel and two loads of dredging equipment in 2008.
The total value of the contracts is more than USD 30 million.
All contracts will be executed in 2008 and contribute to the aim of Dockwise Shipping to continuously employ its vessels at the highest possible utilization.

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For further information, please contact:
Fons van Lith
[phone]
[e-mail]

About Dockwise Ltd
Dockwise Ltd. has a workforce of more than 1200 people both offshore and onshore. The company is the leading marine contractor providing total transport services to the offshore, onshore and yachting industries as well as installation services of extremely heavy offshore platforms. The group is headquartered in Bermuda with amongst others operational offices in Breda, The Netherlands. The group's main commercial offices are located in The Netherlands, the United States, China, Korea, Australia and Nigeria. The Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale and has offices in France and Italy. The Dockwise Shipping network is supported by agents in Japan, Singapore, Spain, Argentina, Australia and Italy.
For further information: www.dockwise.com